Rockets and Missiles - Global Strategic Business Report

Global Rockets and Missiles Market to Reach $84.2 Billion by 2030

The global market for Rockets and Missiles estimated at US$59.2 Billion in the year 2022, is projected to reach a revised size of US$84.2 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Missiles, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$66.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Rockets segment is readjusted to a revised 3.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $17.5 Billion, While China is Forecast to Grow at 4.1% CAGR

The Rockets and Missiles market in the U.S. is estimated at US$17.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.7 Billion by the year 2030 trailing a CAGR of 4.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Select Competitors (Total 138 Featured) -

• Denel Dynamics
• General Dynamics Corporation
• Kongsberg Gruppen ASA
• Lockheed Martin Corporation
• MBDA France
• Mesko S.A.
• Nammo AS
• Rafael Advanced Defense Systems Ltd.
• Raytheon Company
• Roketsan A.S.
• SAAB AB
• Thales Group

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year